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The following article was published in our article directory on June 19, 2018.
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Article Category: Advice
Author Name: Matthew T Barton
Through digital transformation, businesses have moved from doing things traditionally to following the digital trend. This includes the real estate business. The procurement of devices and large data storages has proved to be quite costly. Thankfully, the recent technological innovations have provided businesses with a solution: Cloud computing.
Cloud computing is a means of storing your data or doing office work in the cloud. The question that most people ask is: Where is the cloud? The cloud is an abstract place where tons of data and work are stored. With cloud computing, businesses have turned mobile. Mobility is a very important concept in a business. Because of cloud computing, work is accessible anywhere. This has provided more windows to improve work . If for example there is an urgent work to be done, employees can access the cloud from anywhere and do the job. Cloud computing can be purchased from third party vendors. The third party vendor then is responsible for the security of the cloud as well as the maintenance of it. Aside from that, the cloud provides more space than traditional memory storages.
An example is in the real estate business. Some companies have built an office in the cloud. In the case that one needs to check a certain property, that agent can easily check for the facts and details right from his or her personal device. It can be easily done through checking the available information or by accessing previous research on a certain place. This can be done anywhere�right in the hands of the agent. Not only does it save time; it also prevents bad investments and overpriced properties.
This also proves to be essential to small businesses. Through cloud computing, the costs associated can be greatly reduced thus the starting business has more funds available to use for the growth of the business. Some of the costs that can be reduced or even totally eliminated are hiring of IT specialists, purchase of software, and in-house IT networks.
Unity can also be indirectly affected . Teams can see the same information and look at it from different viewpoints. This is a very effective strategy as a single data can be looked at different sides and different minds can be put together in order to come up with various ideas. At the same time, different people can work on a project together simultaneously using their own devices through the cloud.
Another benefit of cloud computing is the management of knowledge. Through cloud computing, access to data is easy. Anyone from anywhere (as long as given permission) can access data. Each and every one of the agents in a real estate business can be well informed on the previous analysis of different properties. It also provides access to studies such as the payment data, the condition of the place, and any other information that may prove to be useful in the decision making process. Agents can then be well-informed as knowledge is distributed from the top-down.
Keywords: Real Estate Investor Digital Transformation, Digital Transformation Trends, Real Estate Investment Business, Property Investment Strategies, Digital Transformation, Small Business Opportunities, Digital Outsourcing, IT Outsourcing Services
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